Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.
Sagot :
Based on the information given, it can be deduced that the marginal product of labor will decrease and the marginal product of capital will increase.
From the information given, it was stated that Max Company produces electronic gadgets using labor and capital and that he increases labor and decreases capital in order to produce the same quantity of gadgets.
Due to this, according to the law of diminishing marginal productivity, the marginal product of labor will reduce and that of capital will rise.
Learn more about labor on:
https://brainly.com/question/333305
We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.
